Learn how the coinsurance formula affects your home insurance claim reimbursement, why maintaining 80% coverage is crucial, and see examples to avoid penalties.

Coinsurance is a type of cost-sharing arrangement in which the insured party and the health insurance company share the costs of covered medical expenses. This is a common feature in many health ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

The term "value chain" encompasses the entire production process of an industry, from the introduction and refining of raw materials to the yield of the final product for the consumer. Each "link" in ...

Learn how water damage liability insurance protects you financially when accidental water damage occurs and how it may be included in your home insurance policy.